Narwhal Capital Management boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 627.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,630 shares of the company’s stock after purchasing an additional 16,930 shares during the quarter. Narwhal Capital Management’s holdings in iShares S&P 500 Value ETF were worth $2,274,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Managed Account Services Inc. boosted its stake in iShares S&P 500 Value ETF by 10.0% in the 3rd quarter. Managed Account Services Inc. now owns 11,339 shares of the company’s stock valued at $1,269,000 after purchasing an additional 1,032 shares during the period. Bristlecone Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 14.5% in the 3rd quarter. Bristlecone Advisors LLC now owns 10,591 shares of the company’s stock valued at $1,227,000 after purchasing an additional 1,345 shares during the period. LVZ Advisors Inc. boosted its stake in iShares S&P 500 Value ETF by 1.8% in the 3rd quarter. LVZ Advisors Inc. now owns 282,215 shares of the company’s stock valued at $31,811,000 after purchasing an additional 4,904 shares during the period. Cornerstone Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 19.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 1,614,481 shares of the company’s stock valued at $14,845,000 after purchasing an additional 265,767 shares during the period. Finally, American Financial Network Advisory Services LLC boosted its stake in iShares S&P 500 Value ETF by 20,200.0% in the 3rd quarter. American Financial Network Advisory Services LLC now owns 4,060 shares of the company’s stock valued at $473,000 after purchasing an additional 4,040 shares during the period.

IVE opened at $110.88 on Tuesday. iShares S&P 500 Value ETF has a 1 year low of $105.81 and a 1 year high of $121.12.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Thursday, September 27th were paid a $0.6828 dividend. The ex-dividend date was Wednesday, September 26th. This represents a $2.73 annualized dividend and a yield of 2.46%.

iShares S&P 500 Value ETF Company Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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